Dai DAI
Current Price
$0.9996 -0.00%
$0.0005 Daily Range (0.05%)
$0.9995$1.00
$196.64M Daily Volume
3,150 BTC
Vol/MktCap: 4.23%
Market Performance
+2.19% 0.00001601 BTC
+2.09% 0.0006 ETH
+0.04% 1.00 USDT
+1.45% 0.0018 BNB
-0.02% 0.9997 USDC
0.63% Relative BTC Volume
The total volume of Dai is $196.64M over the past 24 hours, compared to $31.04B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9998 -0.02%
13 SMA $0.9998 -0.02%
21 SMA $0.9998 -0.02%
55 SMA $0.9998 -0.02%
144 SMA $0.9998 -0.02%
Price Performance
-0.05% 1 Hour Change
$0.9996 from $1.00
-0.02% 7 Day Change
-$0.0002 from $0.9998
-0.01% 14 Day Change
-$0.00007820 from $0.9997
-0.00% 30 Day Change
-$0.00004130 from $0.9996
All Time High
March 13, 2020
$1.22 -17.99%
-$0.2194 vs. now
24H Change
-3.09M USD -0.07%
-50 BTC
Volume and Supply
Total Supply: 4.64B DAI
4.64B DAI Available100.00% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
231.59 x BTC Supply = +81 more232:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
196.69M DAI traded over past 24 hours
4.23% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Dai AI Market Analysis
Dai (DAI) is currently trading at $0.999727, reflecting a marginal 24-hour change of 0.00076%. The daily price range has been tight, with a high of $1 and a low of $0.99952, indicating stability typical for a stablecoin.
The trading volume stands at approximately $202.35 million, with a volume-to-market cap ratio of 4.35%, suggesting a healthy level of trading activity relative to its market capitalization. Technical indicators show that the hourly moving averages (8, 13, 21, 55, and 144 SMA) are all clustered around $0.9998, signaling a lack of volatility and a strong peg to the USD.
Momentum indicators reveal a 1-hour Relative Strength Index (RSI) of 47 and a 7-day RSI of 50, indicating neutral market conditions without significant overbought or oversold signals. Over the past week, DAI has experienced a slight price decline of 0.0028%, while a 14-day analysis shows a modest increase of 1.56%, pointing to potential stabilization after minor fluctuations.
Historically, DAI reached an all-time high of $1.22 in March 2020, but has maintained a stable peg around $1, which is characteristic of its design as a stablecoin. Given the current market dynamics, with a tight price range and neutral momentum indicators, DAI is likely to continue trading close to its peg.
Based on the analysis, I recommend a Hold rating for DAI. The current price stability and neutral indicators suggest minimal immediate upside potential; however, the fundamental structure as a stablecoin supports its position near $1.
The trading volume stands at approximately $202.35 million, with a volume-to-market cap ratio of 4.35%, suggesting a healthy level of trading activity relative to its market capitalization. Technical indicators show that the hourly moving averages (8, 13, 21, 55, and 144 SMA) are all clustered around $0.9998, signaling a lack of volatility and a strong peg to the USD.
Momentum indicators reveal a 1-hour Relative Strength Index (RSI) of 47 and a 7-day RSI of 50, indicating neutral market conditions without significant overbought or oversold signals. Over the past week, DAI has experienced a slight price decline of 0.0028%, while a 14-day analysis shows a modest increase of 1.56%, pointing to potential stabilization after minor fluctuations.
Historically, DAI reached an all-time high of $1.22 in March 2020, but has maintained a stable peg around $1, which is characteristic of its design as a stablecoin. Given the current market dynamics, with a tight price range and neutral momentum indicators, DAI is likely to continue trading close to its peg.
Based on the analysis, I recommend a Hold rating for DAI. The current price stability and neutral indicators suggest minimal immediate upside potential; however, the fundamental structure as a stablecoin supports its position near $1.
Updated 234 minutes ago.
Dai Relative Price at Market Cap of:
Dai TradingView Chart
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